Legacie Developments’ £20 Million Funding Boost From Maslow Capital

In UK Hill Dickinson, advised on the matter.

Hill Dickinson advised Legacie Developments with a team including Richard Capper (Picture – Corporate M&A), Alex McCann (Real Estate), David Oram (Real Estate).

Legacie Developments has completed a second major financing deal with specialist real estate development finance provider Maslow Capital.

The new £20 million investment by Maslow follows a previous financing package of £22 million which supported Legacie’s Parliament Square development in Liverpool in February 2020.

The new funding will fund the construction of Merchant’s Wharf, a residential and commercial development in Salford Quays, Manchester, that is set to bring over 196 waterfront apartments, commercial space and an onsite gym to a newly established neighbourhood close to the city centre. The development will be Legacie’s first major development in Manchester.

Hill Dickinson’s Banking partner Richard Capper (Picture) and associate Jordan Clarke led the transaction for Hill Dickinson on the banking side; Property team partner Alex McCann and senior associate Jon Pearson-Basudev handled the property side; and Construction team partner David Oram assisted by trainee Jonathan Ward, advised on construction matters.

Involved fees earner: Richard Capper – Hill Dickinson; Jordan Clarke – Hill Dickinson; Alex McCann – Hill Dickinson; David Oram – Hill Dickinson; Jon Pearson-Basudev – Hill Dickinson;

Law Firms: Hill Dickinson;

Clients: Legacie Developments;

Author: Giulia Di Palma